We're Not Very Worried About Falcon Metals' (ASX:FAL) Cash Burn Rate
Jun 02
Australian (ASX) Gold Industry Analysis
Updated-
DataAggregated Company Financials
Companies0
- 7Dn/a
- 3Mn/a
- 1Yn/a
- YTDn/a
Newcrest Mining is up 6.2%, leading the way for the Gold industry, which has gained 6.0%. In the same time, Mindax was down 31%. In the last 12 months, the industry was up 6.4%. Earnings are forecast to grow by 26% annually.
Industry Valuation and Performance
Has the Australian Gold Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|
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Current Industry PE
- Investors are optimistic on the Australian Gold industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 125x which is higher than its 3-year average PE of 38.5x.
- The industry is trading close to its 3-year average PS ratio of 3.5x.
Past Earnings Growth
- The earnings for companies in the Gold industry have declined 29% per year over the last three years.
- Meanwhile revenues for these companies have grown 12% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does Australian Gold compare with similar industries?
| AU Market | -0.079% | |
| Materials | 1.39% | |
| Metals and Mining | 1.49% | |
| Gold | 5.96% | |
| Silver | 2.56% | |
| Copper | 2.26% | |
| Aluminum | 2.04% | |
| Diversified Metals and Mining | 0.84% | |
| Steel | 0.47% | |
| Precious Metals and Minerals | -0.68% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| NCM Newcrest Mining | AU$27.50 | 6.2% +AU$1.4b | 11.6% | PE18.7x | |
| NST Northern Star Resources | AU$13.62 | 8.5% +AU$1.2b | 54.9% | PE78.1x | |
| DEG De Grey Mining | AU$1.43 | 10.0% +AU$203.0m | 30.7% | PS4508.6x | |
| CMM Capricorn Metals | AU$4.50 | 10.0% +AU$154.1m | 23.0% | PE21.7x | |
| GOR Gold Road Resources | AU$1.88 | 7.1% +AU$134.8m | 37.9% | PE31.7x |
